Revolver Borrowers definition

Revolver Borrowers as defined in the preamble hereto.
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Revolver Borrowers has the meaning assigned to such term in the recitals hereof.
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Revolver Borrowers means those Borrowers from time to time identified as “Revolver Borrowers”, as defined in and pursuant to the Credit Agreement, and any of their respective successors and assigns, and “Revolver Borrower” shall mean any of the Revolver Borrowers.
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Examples of Revolver Borrowers in a sentence

  • Within the foregoing limits and subject to the terms and conditions set forth herein, the Revolver Borrowers may borrow, prepay and reborrow Revolving Credit Loans during the Availability Period.

  • Each such email Borrowing Request shall be irrevocable and shall be confirmed promptly by hand delivery, facsimile or other electronic transmission as agreed to by the Revolver Administrative Agent, to the Revolver Administrative Agent of a written Borrowing Request in a form approved by the Revolver Administrative Agent and signed by the Revolver Borrowers.

  • The Revolver Borrowers and the Term Borrowers shall be jointly and severally obligated to pay such Obligations.

  • An Issuing Bank may be replaced at any time by written agreement among the Revolver Borrowers, the Revolver Administrative Agent, the replaced Issuing Bank (provided that no consent of the replaced Issuing Bank will be required if it has no Letters of Credit or Reimbursement Obligations with respect thereto outstanding) and the successor Issuing Bank.

  • Within five (5) Business Days of any issuance or incurrence of Indebtedness (other than Indebtedness permitted under subsections (i) through (vi) of Section 8.2.1 [Indebtedness], the Revolver Borrowers and/or Term Borrowers, as applicable, shall make a mandatory prepayment of principal on the Revolving Credit Loans and/or Term Loans, as applicable, equal to the Net Cash Proceeds, together with accrued interest on such principal amount.

  • The Administrative Agent may at any time at its option for any reason whatsoever require each Lender to pay immediately to the Administrative Agent such Lender’s Ratable Share of the outstanding Revolving Credit Loans and each Lender may at any time require the Administrative Agent to pay immediately to such Lender its Ratable Share of all payments made by the Revolver Borrowers to the Administrative Agent with respect to the Revolving Credit Loans.

  • The Obligation of the Revolver Borrowers to repay the aggregate unpaid principal amount of the Revolving Credit Loans and Swing Loans made to it by each Revolver Lender, together with interest thereon, shall be evidenced by a revolving credit Note and a Swing Note, dated the Closing Date payable to the order of such Revolver Lender in a face amount equal to the Revolving Credit Commitment or Swing Loan Commitment, as applicable, of such Revolver Lender.

  • Within such limits of time and amount and subject to the other provisions of this Agreement, the Revolver Borrowers may borrow, repay and reborrow pursuant to this Section 2.1.

  • So long as PNC elects to make Swing Loans, PNC shall, after receipt by it of a Swing Loan Request pursuant to Section 2.5.2, [Swing Loan Requests] fund such Swing Loan to the Revolver Borrowers in U.S. Dollars and immediately available funds at the Principal Office prior to 4:00 p.m. on the Borrowing Date.

  • All prepayments pursuant to this Section 5.7.1 made by Revolver Borrowers shall be applied to payment of the principal amount of the Revolving Credit Loans by application to the unpaid installments of principal in the inverse order of scheduled maturities, and then to the Term Loans.


More Definitions of Revolver Borrowers

Revolver Borrowers. Xxxxx Group, Inc., a New York corporation, Expedited Logistics and Freight Services, LLC, a Texas limited liability company, and ELFS Brokerage LLC, as Texas limited liability company, individually and collectively, jointly and severally (“Revolver Borrowers”). Bridge Loan Borrower: Parent Revolving Facility Guarantors: Parent and Expedited Logistics and Freight Services, LLC, an Oklahoma limited liability company (“Expedited OK”) Bridge Loan Guarantors: Revolver Borrowers and Expedited OK Lender: Santander Bank, N.A., a national banking association Purpose: 1. The proceeds of the Revolving Facility shall be used for general corporate purposes of the Loan Party Obligors and their subsidiaries not in contravention of any law or of any Loan Document (as defined below), and to fund the Second Amendment Distribution (as defined below).
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Revolver Borrowers. The Company and Rxxxxxx Europe Limited, a corporation organized under the laws of the United Kingdom.
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Revolver Borrowers is defined in the first paragraph.
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Revolver Borrowers shall have the corresponding meaning.
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Revolver Borrowers means the Company, Samsonite LLC, Samsonite
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Revolver Borrowers means, collectively, Aviation Sales Operating Company, Arocell Structures, Inc., AVS/Xxxxx Xxxxx Machine Company, Whitehall Corporation and Triad International Maintenance Corporation.
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Related to Revolver Borrowers

  • Canadian Borrowers has the meaning specified in the preamble to this Agreement.

  • Revolver means a short firearm having a cylinder of several chambers that are brought successively into line with the barrel to be discharged, designed to be aimed and fired by the use of a single hand.

  • Co-Borrowers has the meaning specified in the introductory paragraph to this Agreement.

  • U.S. Borrowers shall have the meaning provided in the first paragraph of this Agreement.

  • Canadian Borrowing Base means at any time an amount equal to the sum of the Dollar Equivalent of, without duplication:

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.

  • Canadian Credit Party means Borrower and each other Credit Party that (i) is organized under the laws of Canada or any province or territory thereof, (ii) carries on business in Canada, or (iii) has any title or interest in or to material property in Canada.

  • Canadian Loan Party means any Loan Party incorporated or otherwise organized under the laws of Canada or any province or territory thereof.

  • Revolver Loan a loan made pursuant to Section 2.1, and any Swingline Loan, Overadvance Loan or Protective Advance.

  • Canadian Loan Parties means Borrower and the Canadian Guarantors.

  • Revolving Loan Obligations means any Obligations with respect to the Revolving Loans (including without limitation, the principal thereof, the interest thereon, and the fees and expenses specifically related thereto).

  • Revolving Facility Lender means a Lender (including an Incremental Revolving Facility Lender) with a Revolving Facility Commitment or with outstanding Revolving Facility Loans.

  • Revolving Credit Facility means, at any time, the aggregate amount of the Revolving Credit Lenders’ Revolving Credit Commitments at such time.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Subsidiary Borrowers means, collectively (i) each Domestic Subsidiary of the Company that is a party to this Agreement as a “Borrower” on the Effective Date and (ii) each Domestic Subsidiary of the Company that becomes a party to this Agreement as a “Borrower” following the Effective Date pursuant to Section 5.14, in each case, until such time as such Domestic Subsidiary is released from its obligations under the Loan Documents in accordance with this Agreement.

  • Revolving Loan Documents means the “Loan Documents” as defined in the Revolving Credit Agreement.

  • Revolving Credit Obligations means, at any particular time, the sum of (i) the outstanding principal amount of the Revolving Loans at such time, plus (ii) the outstanding principal amount of the Swing Line Loans at such time, plus (iii) the outstanding L/C Obligations at such time.

  • Majority Revolving Credit Facility Lenders the Majority Facility Lenders in respect of the Revolving Credit Facility.

  • UK Borrowers shall have the meaning assigned to such term in the preamble hereto.

  • Revolver Facility means the credit facility as described in and subject to the limitations set forth in Section 2.01.

  • Canadian Swingline Lender means JPMorgan Chase Bank, N.A., Toronto Branch, in its capacity as lender of Canadian Swingline Loans hereunder.

  • Canadian Swingline Loan means any Loan made by the Canadian Swingline Lender pursuant to Section 2.12.

  • Canadian Revolving Loan means Loans made by a Lender in respect of its Canadian Revolving Commitment to the U.S. Borrower pursuant to Section 2.02(c) and/or Section 2.24.

  • Term Loan Lenders means the financial institutions from time to time parties hereto as lenders of the Term Loan.

  • Canadian Borrower as defined in the preamble hereto.

  • Revolving Administrative Agent means the “Administrative Agent” as defined in the Revolving Credit Facility.